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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment information
 
Pennsylvania
Suburbs
 
Philadelphia
CBD
 
Metropolitan Washington, D.C.
 
New Jersey/Delaware
 
Richmond,
Virginia
 
Austin, Texas (a)
 
California
 
Corporate
 
Total
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate investments, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating properties
$
1,199,105

 
$
1,300,666

 
$
1,214,965

 
$
414,716

 
$
310,397

 
$
36,856

 
$
192,584

 
$
—

 
$
4,669,289

Construction-in-progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
74,174

 
74,174

Land inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
93,351

 
93,351

Total revenue
$
153,426

 
$
146,081

 
$
116,048

 
$
60,262

 
$
35,058

 
$
31,451

 
$
18,369

 
$
1,515

 
$
562,210

Property operating expenses, real estate taxes and third party management expenses
54,506

 
55,702

 
42,641

 
29,981

 
14,916

 
13,298

 
9,411

 
1,314

 
221,769

Net operating income
$
98,920

 
$
90,379

 
$
73,407

 
$
30,281

 
$
20,142

 
$
18,153

 
$
8,958

 
$
201

 
$
340,441

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in real estate ventures, at equity
$
17,272

 
$
19,975

 
$
59,905

 
$
—

 
$
1,400

 
$
81,960

 
$
—

 
$
—

 
$
180,512

Equity in income of real estate ventures
$
925

 
$
1,547

 
$
130

 
$
1,245

 
$
381

 
$
(564
)
 
$
—

 
$
—

 
$
3,664

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Real estate investments, at cost:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating properties
$
1,178,730

 
$
988,590

 
$
1,193,200

 
$
546,644

 
$
309,923

 
$
285,346

 
$
223,736

 
$
—

 
$
4,726,169

Construction-in-progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
48,950

 
48,950

Land inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
102,439

 
102,439

Total revenue
$
150,075

 
$
131,592

 
$
107,656

 
$
59,671

 
$
35,701

 
$
32,379

 
$
17,463

 
$
1,142

 
$
535,679

Property operating expenses, real estate taxes and third party management expenses
52,657

 
50,787

 
41,485

 
28,506

 
14,484

 
13,951

 
9,043

 
(65
)
 
210,848

Net operating income
$
97,418

 
$
80,805

 
$
66,171

 
$
31,165

 
$
21,217

 
$
18,428

 
$
8,420

 
$
1,207

 
$
324,831

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in real estate ventures, at equity
$
33,160

 
$
27,859

 
$
49,169

 
$
17,294

 
$
1,245

 
$
64,828

 
$
—

 
$
—

 
$
193,555

Equity in income of real estate ventures
$
520

 
$
1,113

 
$
(648
)
 
$
1,803

 
$
269

 
$
(316
)
 
$
—

 
$
—

 
$
2,741

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2011
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating properties
$
1,218,071

 
$
953,870

 
$
1,255,803

 
$
545,657

 
$
307,698

 
$
257,694

 
$
254,287

 
$
—

 
$
4,793,080

Construction-in-progress
 
 
 
 
 
 
 
 
 
 
 
 
 
 
25,083

 
25,083

Land inventory
 
 
 
 
 
 
 
 
 
 
 
 
 
 
109,008

 
109,008

Total revenue
$
148,887

 
$
125,366

 
$
119,255

 
$
58,960

 
$
36,789

 
$
30,894

 
$
16,692

 
$
1,725

 
$
538,568

Property operating expenses, real estate taxes and third party management expenses
54,734

 
48,831

 
45,135

 
30,564

 
14,739

 
13,034

 
9,407

 
347

 
216,791

Net operating income
$
94,153

 
$
76,535

 
$
74,120

 
$
28,396

 
$
22,050

 
$
17,860

 
$
7,285

 
$
1,378

 
$
321,777

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in real estate ventures, at equity
$
5,264

 
$
13,397

 
$
24,671

 
$
6,168

 
$
1,163

 
$
65,144

 
$
—

 
$
—

 
$
115,807

Equity in income of real estate ventures
$
1,861

 
$
466

 
$
(277
)
 
$
1,157

 
$
510

 
$
58

 
$
—

 
$
—

 
$
3,775

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

(a) On October 16, 2013 seven properties from the Austin portfolio were contributed to a newly formed real estate venture. Accordingly, the Company's 50% interest in the financial results of these seven properties for the period subsequent to October 16, 2013 is reported as a component of 'Equity in income of real estate ventures' in the Company's consolidated statements of operations and, as a result, no longer included as a component of net operating income. The Company acquired Four Points Centre in Austin, TX on December 19, 2013 and the financial results for this property are included in net operating income for the period owned. For additional information, see Notes 3 and 4 to our consolidated financial statements.
Reconciliation of consolidated net operating income
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
 
Consolidated net operating income
$
340,441

 
$
324,831

 
$
321,777

Less:
 
 
 
 
 
Interest expense
(121,937
)
 
(132,939
)
 
(131,405
)
Interest expense - amortization of deferred financing costs
(4,676
)
 
(6,208
)
 
(4,991
)
Interest expense - financing obligation
(972
)
 
(850
)
 
—

Depreciation and amortization
(197,021
)
 
(188,382
)
 
(202,933
)
General and administrative expenses
(27,628
)
 
(25,413
)
 
(24,602
)
Plus:
 
 
 
 
 
Interest income
1,044

 
3,008

 
1,810

Historic tax credit transaction income
11,853

 
11,840

 
12,026

Recognized hedge activity
—

 
(2,985
)
 
—

Equity in income of real estate ventures
3,664

 
2,741

 
3,775

Net gain from remeasurement of investments in real estate ventures
6,866

 
—

 
—

Net gain on sales of interests in real estate
—

 
—

 
2,985

Net loss on sale of undepreciated real estate
(137
)
 
—

 
—

Net gain (loss) on real estate venture transactions
29,604

 
(950
)
 
(222
)
Loss on early extinguishment of debt
(2,119
)
 
(22,002
)
 
(2,776
)
Income (loss) from continuing operations
38,982

 
(37,309
)
 
(24,556
)
Income from discontinued operations
4,207

 
43,838

 
19,841

Net income (loss)
$
43,189

 
$
6,529

 
$
(4,715
)